Hawaii State Legislature

Bill Status

HB734 HD1

Generated on 8/13/2007 3:57:20 PM

Measure Title:
RELATING TO LEASEHOLD CONVERSION.
Report Title:
Leased Fee Interest Sale; Capital Gains Exemption
Description:
Exempts from income taxation 100% of capital gains realized during taxable years 2008-2012 from the sale of leased fee interests in condominium units to association of apartment owners or residential cooperative housing corporations.
Package:
None
Companion:
Introducers:
CALDWELL, KARAMATSU, B. OSHIRO, WATERS, Chang, Say, Souki
Current Referral:
HSH, CPC, FIN
Date Status Text
1/19/2007HPending introduction.
1/22/2007HIntroduced and Pass First Reading.
1/22/2007HReferred to HSH, CPC, FIN, referral sheet 3
1/25/2007HBill scheduled to be heard by HSH on Monday, 01-29-07 at 8:30 am in House conference room 329.
1/29/2007HThe committee(s) recommends that the measure be deferred until 02-01-07.
1/30/2007HBill scheduled for decision making on Thursday, 02-01-07 at 8:30 am in conference room 329.
2/1/2007HThe committees on HSH recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Shimabukuro, Rhoads, Cabanilla, Green, Mizuno, Takai, Tokioka, Ward; Ayes with reservations: none; 0 Noes: none; and 3 Excused: Representative(s) Belatti, Bertram, Awana.
2/5/2007HReported from the committee on HSH (Stand. Com. Rep. No. 80) as amended in (HD 1), recommending passage on Second Reading and referral to the committee on CPC.
2/6/2007HPassed Second Reading as amended in (HD 1) and referred to the committee(s) on CPC with none voting no (0) and Pine, Souki excused (2).

$ = Appropriation measure
ConAm = Constitutional Amendment

Please read our Disclaimer Statement.

Some of the above items require Adobe Acrobat Reader. Please visit Adobe's download page for detailed instructions.